Suominen Oyj - Changes in company's own shares

The portion of the annual remuneration of the members of the Board of Directors of Suominen Corporation which shall be paid in shares - transfer of own shares held by the company

Helsinki, Finland, 2013-09-11 16:20 CEST (GLOBE NEWSWIRE) -- Suominen
Corporation   Stock exchange release  11 September 2013 at 17:20 (EEST) 

THE PORTION OF THE ANNUAL REMUNERATION OF THE MEMBERS OF THE BOARD OF DIRECTORS
OF SUOMINEN CORPORATION WHICH SHALL BE PAID IN SHARES - TRANSFER OF OWN SHARES
HELD BY THE COMPANY 

The Annual General Meeting on Shareholders of Suominen Corporation held on 26
March 2013 resolved on the following annual remuneration payable for the year
2013 to the Members of the Board of Directors: Chairman 50,000 euro, Deputy
Chairman 37,500 euro and Member 28,000 euro and that 40% of the annual
remuneration shall be paid in shares of Suominen Corporation. 

The portion of the above remuneration to be paid in shares has been delivered
today, 11 September 2013, by transferring own shares held by Suominen
Corporation without consideration. The Board of Directors of Suominen
Corporation has resolved on the delivery of the shares based on the share issue
authorization granted by the Annual General Meeting of Shareholders held on 26
March 2013. The shares to be transferred are of the same class as the company's
other shares. 

The number of shares formed by the above remuneration portion which is payable
in shares has been determined based on the share value in the stock exchange
trading maintained by NASDAQ OMX Helsinki Oy as follows: The share value has
been determined based on the trade volume weighted average quotation of the
share during the trading day immediately preceding the above mentioned day on
which the shares were delivered. Based on the above the annual remuneration
payable to the Members of the Board of Directors in shares for the year 2013 is
135,931 shares in the aggregate. 

The company held 2,060,298 own shares before the above transfer of shares. The
aggregate number of shares transferred to the members of the Board of Directors
based on the above was 135,931 shares. After the share transfer, the company
holds 1,924,367 own shares. 

SUOMINEN CORPORATION
Board of Directors

For more information, please contact:
Tapio Engström, CFO of Suominen Corporation and Secretary to the Board of
Directors, tel. +358 10 214 300 

Suominen in brief

Suominen supplies its industrial and retail customers with nonwovens and
flexible packaging for use in consumer products worldwide. Suominen is the
global market leader in nonwovens for wipes. The company employs more than
1,000 people in Europe and in the United States. Suominen's net sales in 2012
amounted to MEUR 410.4 and operating profit excluding non-recurring items was
MEUR 12.9 (continuing operations). The Suominen share (SUY1V) is listed in
NASDAQ OMX Helsinki Stock Exchange. Read more at www.suominen.fi. 

Distribution:
NASDAQ OMX Helsinki Ltd.
Main media
www.suominen.fi